Capital expenditures for the oil and gas extraction industries rose 14.9% from the second quarter of 2016 to $9.8 billion in the second quarter. This increase followed a 2.2% year-over-year gain in the first quarter of 2017.

Note to readers

Data are not seasonally adjusted. Capital expenditure data for the oil and gas extraction industries are taken from a number of surveys, including the Quarterly Survey of Capital Expenditures — Oil and Gas Activities.

Revised capital expenditure data for the oil and gas extraction industries will be published in December.